Achieving Sustainability Goals, Improving Governance with ESG Analytics

Businesses are stepping up their efforts to meet their commitment to Environmental, Social and Governance (ESG) goals. Their focus extends beyond mere regulatory compliance, as they actively seek to earn the trust of investors and consumers.

However, mapping a clear route and allocating the right resources to achieve ESG targets can be challenging. Without strong insights, processes and capabilities, businesses risk exposure and value erosion.

WNS Triange, with Artificial Intelligence (AI) and advanced analytics at its core, offers a modular solution to organizations at different stages of their ESG journey. Organizations can now effortlessly automate their ESG data collection, chart a roadmap to manage sustainability goals and create long-term value for all stakeholders.

Value Creation Levers

Build resilient value chains, mitigate ESG risks proactively, lower costs

ESG Risk and Strategy Planning

Organization-wide awareness and change advocacy
Internal policy design and governance
Risk modeling, testing and framework setting
ESG Key Performance Indicators (KPI) / target setting

Data and AI Interventions

Business Process Management (BPM)
Greenhouse Gas (GHG) calculation and forecasting
AI / Machine Learning (ML) enabled taxonomy mapping and enrichment
Data collection and standardization

Reporting and Advanced Analytics

Quality assurance, compliance and audit
ESG reporting and disclosures
Risk and regulatory monitoring
Public disclosures, media monitoring and marketing

One-stop Solution: Level Up Your ESG Performance

Design the best course of action with our ESG domain expertise and industry-specific analytics

Consulting and Research to Chart Out a Roadmap

Regulatory framework for the given industry (e.g., green tax)
Benchmarking and realistic target setting

Data and Governance for Maximum Impact

Finding data source, and Extract, Transform, and Load (ETL)
Integration of third-party data and resources
Data storage, transformation, management and governance
Development of analytics and calculation engine

Contextualization of Business Data

Data enrichment and cleaning using Natural Language Processing (NLP) engine
Vendor normalization of business spends (GDS)
AI/ML-driven classification of business spends into specific category

Track Sustainability Scores

Scenario-based CO2 calculation
AI / ML driven taxonomy builder and sustainability tagging (positive or negative) for revenue, Opex, Capex at Purchase Order (PO) level

Reporting Strategy

Defining CO2-related KPIs for performance tracking and measurement
Establishing proper governance and reporting by rolling up data at the organizational level

Forecasting and What-if Scenarios

Scenario simulation and what-if analysis
GHG hotspot reporting and vendor rationalization
Simulation to check the likelihood of achieving the set goals by 2030 and 2050

Compliance Reporting

Monthly / quarterly / yearly reporting governance is set up
Statutory reporting – Nasdaq ESG, European Union statutory reporting, Global Reporting Initiative (GRI) and Climate Disclosure Project (CDP)

ESG Workflow Management

ESG dashboard reporting
Automated workflow to collect ESG data from suppliers and customers
Application Programming Interface (API) compatible – ingest ESG report from third-party sources
Automated workflow management

Downstream ESG Analytics

ESG-driven pricing analytics for industries such as Banking, Financial Services and Insurance (BFSI)
Supplier ESG risk profiling and analytics
Portfolio analytics (ESG scoring) – wealth management
Sector-specific ESG solution and reporting

Catering to the Needs of Your Industry

A domain-led approach for greater effectiveness

Insurance

Meeting reporting needs like risk assessment and GHG emissions from commercial properties made easy

Supply Chain

Using our procurement-focused ESG capabilities to help clients achieve their sustainability goals

Banking and Financial Services

Automating the calculation of carbon-related assets relative to total assets as well as the amount of lending and other financing connected with climate-related opportunities

Wealth Management

Meeting all compliance requirements and developing a strategy to meet changing regulatory obligations

Success Stories

Client: Global pharmaceutical and consumer goods manufacturer

Approach

Conducted extensive secondary research
Studied each supplier’s business overview, product / service offerings and financial operating metrics
Extracted relevant insights on business risk indicators – financial, social, economic and corporate governance

Benefits

Assessed ESG contribution in creating shareholder value
Secured long-term sustainability of the suppliers
Identified short-term and long-term risks associated with the company

Client: Third-party logistics provider

Approach

Incorporated the WNS solution to track Scope 3 carbon emissions
Created a Scope 3 carbon-abatement cost curve to prioritize a pathway and set credible public targets
Identified carbon value at risk across the client’s supply chain and high-risk suppliers
Utilized the WNS network and engaged high-risk suppliers to execute a decarbonization strategy

Benefits

Reduced Scope 3 emissions by 28 percent
Switched core suppliers to low-carbon energy suppliers
Set credible decarbonization targets for high-risk vendors

Client: US-based asset manager

Approach

To integrate ESG factors into the investment decision process
To create an ESG database
To calculate ESG score for over 2,000 municipal bond issuers

Benefits

Analyzed reporting of over 25 ESG parameters for each credit issuer
Segregated the overall performance rating of the issuer into three categories – strong, good and weak
Assigned each ESG parameter an individual score (-1, 0, 1) based on client-specific criteria while computing the overall rating
Used disclosure scores and performed a relative assessment of the company’s performance to substantiate the rating

Why Choose WNS for ESG Analytics?

Transformation Consultations

A team of 50+ industry-specific ESG experts
Partnership and alliances with consultant’s tech partners and data providers

Technology Platform

Holistic platform solution for data extraction, taxonomy building, analytics and reporting
Built on existing ESG solution (bolt-on options available)
Captures diverse industry-specific use cases and solutions

Service Management

Build a pool of in-house talent for data collection, research and benchmarking, due diligence, risk monitoring, compliance and audit and reporting activities

Perspectives

Articles

Decoding the Impact of ESG on Financial Research

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Blogs

Enhancing Enterprise Sustainability through Supplier Management

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Videos

Fortune Global Sustainability Forum: Sustainable Supply Chains

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